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EU Eastern Neighbours

Projects
Regions
European Union
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European Free Trade Association
Mediterranean Neighbourhood
FEMIP Overview
Maximizing synergies
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FEMIP Support Package
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FAQ - FEMIP
EU Eastern Neighbours
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Examples of EPTATF Operations
Institutional framework
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Sub-Saharan Africa, Caribbean and Pacific
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Applying for loans
Cooperation with partners
Investment Facility
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Activities
Asia and Latin America
Priorities
Innovation and skills
Skills and Jobs
SMEs
Activities
Products
EU partners for SMEs & mid-caps
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Climate Action
Activities
Financial instruments and advice
Climate Mainstreaming
Urban & natural environment
Agriculture and the rural economy
Strategic Infrastructure
Regional development
Energy
Trans-European Networks
Transport
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Process and methodology

EU Eastern Neighbours

The Bank’s activities in the region aim at supporting the goals set up by the EU’s European Neighbourhood Policy. This is done by financing projects that promote prosperity and increased regional integration, which contributes to the stability of these regions and helps forging stronger intraregional partnerships.

The Bank's activities in the region promote growth and employment, intraregional trade, and help to protect our common environment and to mitigate climate change by supporting low carbon and climate resilient growth. The current EUR 4.8bn mandate runs from 2014 to 2020 and covers Armenia, Azerbaijan, Georgia, Moldova, Russia and Ukraine. 

How do we help?

  • local private sector development, in particular support to SMEs,
  • development of social and economic infrastructure, and
  • climate change mitigation and adaptation.

In 2014 the EIB also set up a Neighbourhood Finance Facility (NFF), a EUR 3bn facility under which financing will be extended at the EIB's own risk (i.e. without EU guarantee) in the Eastern Neighbourhood region, including Russia, and the Southern Neighbourhood (FEMIP) region.

The facility enables the Bank to support EU Foreign Direct Investments (FDI) as well as infrastructure projects such as transport, telecommunications and energy in the region.


Moldova: Small businesses maturing like a fine wine

The wine industry accounts for about 30% of the Republic of Moldova’s exports and employs 15% of the economically active population. However, efficiency shortcomings affecting the small and medium-sized companies that dominate the sector had led to structural weaknesses. A EUR 75m EIB loan to the Moldovan wine sector was made possible thanks to a EUR 2m grant from the Neighbourhood Investment Facility (NIF) Trust Fund, which provided critical technical assistance. The project addresses structural and commercial gaps in the industry while maximising quality production, expanding revenue bases and supporting rural employment.


Projects

Since the first EIB loan signed in 2003 and until the end-December 2014, the EIB has signed 77 operations totalling EUR 6,039 million in the region for major investment projects (including 18 operations for EUR 1,175 m in 2014).




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http://www.eib.org/projects/regions/eastern-neighbours/index.htm